Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC reduced its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 14.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 153,334 shares of the real estate investment trust's stock after selling 25,850 shares during the period. Los Angeles Capital Management LLC owned 0.06% of Omega Healthcare Investors worth $5,804,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Stonebridge Financial Group LLC acquired a new position in shares of Omega Healthcare Investors during the 4th quarter valued at about $26,000. Dunhill Financial LLC acquired a new position in shares of Omega Healthcare Investors during the 3rd quarter valued at about $31,000. True Wealth Design LLC acquired a new position in Omega Healthcare Investors in the third quarter valued at approximately $31,000. Grove Bank & Trust purchased a new position in Omega Healthcare Investors in the fourth quarter worth approximately $30,000. Finally, Kentucky Trust Co acquired a new stake in Omega Healthcare Investors during the fourth quarter worth $38,000. Institutional investors and hedge funds own 65.25% of the company's stock.

Omega Healthcare Investors Stock Up 0.1 %

Omega Healthcare Investors stock traded up $0.03 during mid-day trading on Friday, reaching $36.87. 3,265,146 shares of the company's stock were exchanged, compared to its average volume of 1,635,555. The company has a market cap of $10.39 billion, a P/E ratio of 23.79, a P/E/G ratio of 1.09 and a beta of 0.99. Omega Healthcare Investors, Inc. has a twelve month low of $29.66 and a twelve month high of $44.42. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The company has a fifty day moving average of $37.21 and a 200-day moving average of $39.02.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. Sell-side analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 7.27%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors's dividend payout ratio is currently 172.90%.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. BMO Capital Markets raised Omega Healthcare Investors from a "market perform" rating to an "outperform" rating and set a $45.00 price target on the stock in a research note on Monday, December 9th. Royal Bank of Canada increased their target price on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a "sector perform" rating in a research note on Monday, November 11th. JMP Securities reiterated a "market perform" rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Finally, Mizuho upped their price objective on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a "neutral" rating in a report on Thursday, December 5th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Omega Healthcare Investors currently has a consensus rating of "Moderate Buy" and a consensus price target of $41.67.

Omega Healthcare Investors Profile

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.